Tag Archives: asset strategies to portfolio

The Support of Peter Briger for the Underprivileged Families in the Society

Immediately after Peter Briger was through with his college education, he joined Goldman Sachs, a reputable banking and investment company where he started his professional career in finance and investment. This was after he had obtained an MBA from the Wharton School of Business at the Pennsylvania University. Before the master degree, Briger had acquired an undergraduate degree in Business Administration, a course that he passed excellently. In fact, he was among the top students in his class during the graduation.

After joining Goldman, he was granted several responsibilities, all of which he was perfect at effecting. Peter Briger was promoted by the management of the company after they realized the extensive potential that they could exploit from him through his leadership ability. Later after serving the company for almost a decade, the board of directors of the organization was pleased by his loyalty and efforts to the company decided to make him a partner of the organization, a position that he holds to date.

In 2002, Fortress Investment Group and its top management felt that they needed to expand the organization by adding asset strategies to portfolio. However, they lacked enough human resources and proficiency to manage the additional assets that they wished to introduce to their portfolio. That was when and how Peter Briger found himself at Fortress Group as the head of the credit section of the organization and also as a CEO and a co-principal. Immediately after joining the company, the transformation started emerging. He started by introducing credit fund, hedge fund, and some other permanent asset classes to the portfolio of Fortress Group. Later in 2006, Peter Briger guided the organization through the essential process which saw Fortress acquire Intrawest and other companies that followed later.

In a nutshell, Peter Briger is classified among the faces that have led to the revolution of the investment industry by enhancing healthy competition while leading at Fortress Group. Besides being a billionaire investor, he has been engaging in philanthropic activities which are geared towards the alleviation of poverty in the society. As part of these activities, Peter has a fund that he has set aside to assist in educating the children from impoverished families.